Cyprus house prices up 7.9% in Q2 2026, outpacing EU average
Cyprus house prices rose 7.9 per cent year-on-year in the second quarter of 2026, above the 4.7 per cent increase recorded across the EU and the 4.0 per cent rise in the euro area, according to Eurostat and Cyprus Statistical Service (Cystat) data. Quarterly growth was also stronger, with prices up 2.4 per cent between the first and second quarters of 2026, compared with 1.2 per cent in the EU and 1.1 per cent in the euro area. The Cystat House Price Index reached 105.46 points in the second quarter, up from 102.95 in the first quarter and 97.74 a year earlier, as annual growth accelerated from 3.4 per cent in the first quarter of 2026. Annual growth had stood at 2.9 per cent in the second quarter of 2025, rising to 4.2 per cent in the third quarter and 6.0 per cent in the fourth.
For people living in Cyprus, the data shows housing costs rising faster than in the EU as a whole, with the report pointing to sustained pressure on affordability for both buyers and renters.